The URL can be used to link to this page

Home My WebLink About2810 ~ra~c~ or pol~c~es sa~d MORTGAGEE s?yll 1?ave the ophon to receive ar+d app~y tnc aar~e v~ acccx,nt o1 the indeb' ~ness sec~rea r+crebv or m ptrm~t sa~d MORTGAGOFS to rcce~~e and usx it or any put theroof fo~ olhe~ purp~ses without tht~eby v~ah•~n~ w u~+p.a~rirt~ anY e~uity. I~en ~x right unck. o~ by vir~ue ot this Mort~aQe; and in the evMt said MORTG/1CARS shall fo. any reawn fail co keep the sa~d p~emisos w insured, o. f~il to da6vrr p~ort~ptly any oi said policies of i~wranct to said MORTG~GEE, c+. fa~l p.ampty to pa~• tuUy a~y p?em~um theretw, o~ in any respect fail to perf~~.., d~uha.ge, ezctute, effecs. complete, tomply with and abide by this tovenant, o~ a~v part he~eot, said MO4T- GACEE rtuy plaCe and pav fcx suth i~surance or any part theroof withouf wsivi~~ o~ atfettirtg sny oplion, I~e~+. equify, o? rigfif unde~ w by .~rtue of this Mo.tgage. and the full amount of each and every suth payre?e~t sh~ll be imrnediately due and p~yable a~+d shall bea~ interesf from the date therrof until p~id at the rate o04'~k ar?d ~XtYdlLftq~ cent pe~ a~num and together with wth interest shalt be setured by tFN of ~h;: ~.~gag~. seven Oll@' [lc'~!T a. To pe~mit, c~nit or wffer no waste, irt~pai~ment w ckte~ioration of said prope~ty o~ sny pa.t thersof, S. It is herrby specificatly aerceci that any wm or sums whith may be loaned w sdvanced by the Monga~ee ro the MwtgaQw st an~ t~me after the recording of this indenture, toQether with interesf thereo~ at the rate agreed upon at the time of such loan w sdvsnce, shall be e.~w~ly secureci with and 1+ave the same prionty as the ori~inal irdettedness, and be wb~ect to all the terms and ~rovis~ons of this mo.tgaQe; P~o~ided, that the adgregate amcxu?t of pn~cipal outstandint af any time shall not exceed an arr~ount eQwl to one hundred and fifty per cent (1 SO ~ 1 of the prinupal amou+~t wig~nally secured hereby. 6. To pay all and s~~gu~ar th~ cests, cF?ar~es ar?d expenses, i.~tludi~ a ~essorwble attomey's fee and costs of abstract of titk in- curred a paid at ~nY time by +a~d htJRTGAGEE b~ cause o~ i~ the event of the failure o~ tl+e part of tF+e sa~d MORTGAGOR to duly, promptly and fully perf~~rm, d~xha.se, e~ecute, effect, complate, comD~Y with and sbide by exh and every the stipulatio~s, agreements, conditions rnJ c~crw~ts of said prom+swry note and this mortgage any or eith~, ~~id costs, charges u+d ex ses, each and every, shall be ~mmediately due and paYable; whether o. not thore be notice, demand, atte~:pf w ~~end tha ~ull a~ nt of exh and every such payment sha~l bear ~nterest from the date thereof u~til paid at the rate o and ~ per centum per amum; snd all said costs, charges and expenses so ~ncurred w paid, together with suth ~nterest, shall be setured by the lien of this mo?tQage. 7. That la? in the event of any brea~h of this Mwtgage or defwlt on the part of the iNORTGAGOR, or (b) in the event sny of said sums of rtw~ey hcrein referred to be not promptly and hdly paid within thirty (30) days next after the same severally become due and payabte, . w.it;~out demand or ~rotice, or tc) in tl~e r.•ent exh and eve~v the stinulations, argeements, conditions snd covenants of said pranisxory not~ and this rt+ertgage a~y or e~ther are not dul~•, promptly and fully performed, dixharged, exetuted, effected, cornpleted complied with snd abidcd by, then in cither o. any such event, the said aggregate sum rnentioncd in said p?omissory note the~ remaining unpaid, with interest accrued, and all m.x,eys secured he~eby, shall bec«ne due and payable fwthwith, w tF+ereafter, at the option of said MORTG/1GEE, as fully and completely as if a~l of the sa~d sums of money v~rre wiginatly st~pulated to be paid on wch day, anything in said p~omissory ~ote or in this Matgsge to the contrary not withstanding; and thereupon w ti?ereafter st tF+e option of said MORTGAGEE, without notite or demand. suit at law or in equity. may bc pr:,x~cu!ed as if all rrwnies secured hereby h~d matured~or to its institution. 8. That i~ the event that at tF+e beginning of or at sny time petding a~y wit upw~ this Mwtgage, w to foretlose it, or to refornl it, or to enfwte payment of a~y tlaims F+ereunder, said MORTGAGEE shall spply to tF+e Cou~t having jurisdiction thereof for the sppoi~tmix?t of a Receiver, such Court shalt forthwith appoint a Receiver, of said mo?t~aged praperty a0 and singular, including all and singular the ~ncotne, profits, issues ;.nd revenucs from whate~~c~ source de~ived, eath and every of whith, it being exprcssly underitood. is hereby mwt- gaged as if specificallv set forth and desc.ibed in the granting and habend~xn clauses hereof, and such Receiver shall have all the broad snd effective functions and powers in an~wise e.~tru;ted by a Gourt to a Receiver, and wth appointment shall be made by s~xh Court as a~ admitted eduity and a matter of abwlute right to sa~d MORTGAGEE, and without refere~ce to the adequacy w inadcquacy of the value of tM prope.ty mo~tgag~i or to tFw soivency w iruolvency of said MORTGAGOR w the defendants, and that wch rents, profits, incomes, issuea and revenues shalt be applicd by wch Receiver according to tF+e lien or equity of said MORTGACEE and tF+e practice of suth tourt. 9_ To duly, promptly and fuly perform, d~scF+arge, execute, effett, eomplete comply with and abide by exh and every the stipu- lat~orts, agreements, conditions ar+d co~enants in said promissory nott snd in this mortQaQe set forth. 10. That in the event the owne.ship ef the mortgaged premises, a any part thereof, becomes vested in a person other than the A10RTGAGOR, the MORTGACEE, its successors and assigrts, may, without notice to the MORTGAGOR, dea! with such successor or successors in interest with reference to this mortgage and the debt hereby secured in the ume man~er a~ with Mortgagor without in any wsy vitiatin~ ~r diuharging the Mortgagor's lisbility hereurder or upot~ the debt hereby secured No sale of the premises hereby mortgaged and no fore- bearance on the part of the MORTGAGfE c~? its wccessors or assigns and no extension of the iime for the payment of the debt hereby securod g~ven bv the ti10RTGAGEE o. its wccessors or assigns, shall opente to rclease. dixharge, rtwdify, change or effett the original liability of the (~/ORTGAGOR herein, either in whole w in parf. 1 l. It is specificalty agreed that time is of fhe essenoe of fhis tor+tnct and that ~o waiver or any obligaHon hereunder ar of th~ obligation secured hereby Shall at ~ny time thereafter be heW to be ~ waiver of the terms hereof or of the instrument secured hercby. Signed, Sealed and delivered in presente of: . , - - _ - - - - - ' ~ - - - - _ . _ (SEAU _ _ _ _ _ - - - tSER~i STATE OF FLORID/1 COUNTY OF - - _ ~ SS. Before me personally sppeared . \ - - - - - - - - - - - - - - - snd his wife. to me well known. a ro me to be the individuals dexribed in a~d wFa executed the feregoing inst t, a~d xknowledged befwe me that they ezecuted t me for tFw purposes tF+erein expressed. WITNES$ my srd official seal this _ . day of__ . A. D. 19 - - - - - - - _ - - - - - - - Nobry Pvblic in and fw the State of Florida st Ls~ge. • W A ; ~ j W ~Z ~ - w W o ; ' ' ~Z~~ ~ ~ < A ~ - a ~ O~~C ~a°° x o ~ ~ W ' ~ N ~ ~ ~ ~ ~ ~4> ~ ~ ~ ~ o~ r~ ~ a i ~z~ Z E„~ ~ ~ o o x t/~ o e ~ ~-'z ~ I .M~~ . ~ ; ~ ~ . ~c ~z° A ~ d s ~ E"~ < W pp , ~ ~ I ~ ; ~~K1s3 zso~ ~ ~ O ! w ~ ~ ~ ~ ; x ~ - ~ .